SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)
STAGE STORES, INC.
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(Name of Issuer)
Shares of Common Stock, par value $.01 per share
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(Title of Class of Securities)
85254C305
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(CUSIP Number)
December 31, 2002
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X} Rule 13d-1(c)
[ ] Rule 13d-1(d)
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CUSIP No. 85254C305 13G/A
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Greenlight Capital, L.L.C.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
2,254,100
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 2,254,100
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,254,100
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.9% **
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT
**SEE ITEM 4(b).
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CUSIP No. 85254C305 13G/A
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David Einhorn
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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5 SOLE VOTING POWER
2,254,100
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 2,254,100
------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,254,100
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.9% **
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT
**SEE ITEM 4(b).
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AMENDMENT NO. 2 TO SCHEDULE 13G
This Amendment No. 2 to Schedule 13G (the "Schedule 13G"), relating to
shares of common stock of Stage Stores, Inc., a Nevada corporation (the
"Issuer"), is being filed with the Securities and Exchange Commission (the
"Commission") as an amendment to Schedule 13G filed with the Commission on
February 14, 2002, as amended by Amendment No. 1, filed with the Commission on
October 15, 2002. This Schedule 13G is being filed on behalf of Greenlight
Capital, L.L.C., a Delaware limited liability company ("Greenlight"), and Mr.
David Einhorn, principal of Greenlight.
This Schedule 13G relates to shares of Common Stock of the Issuer
purchased by Greenlight for the account of (i) Greenlight Capital, L.P.
("Greenlight Fund"), of which Greenlight is the general partner, (ii) Greenlight
Capital Qualified, L.P. ("Greenlight Qualified"), of which Greenlight is the
general partner and (iii) Greenlight Capital Offshore, Ltd. ("Greenlight
Offshore"), to which Greenlight acts as investment advisor.
ITEM 2(a) NAME OF PERSON FILING.
Greenlight and David Einhorn
ITEM 2(c) CITIZENSHIP OR PLACE OF ORGANIZATION.
Greenlight is a limited liability company organized under the
laws of the State of Delaware. David Einhorn is the principal
of Greenlight and a United States citizen.
ITEM 4 OWNERSHIP.
(a) Greenlight and Mr. Einhorn are the beneficial owners
of 2,254,100 shares of Common Stock.
(b) Greenlight and Mr. Einhorn are the beneficial owners
of 11.9% of the outstanding shares of Common Stock.
This percentage is determined by dividing 2,254,100
by 18,899,650, the number of shares of Common Stock
issued and outstanding as of December 12, 2002, as
reported in an amendment to the Issuer's quarterly
report on Form 10-Q/A filed on December 18, 2002.
(c) Greenlight has the sole power to vote and dispose of
the 2,254,100 shares of Common Stock beneficially
owned by it. As the principal of Greenlight, Mr.
Einhorn may direct the vote and disposition of the
2,254,100 shares of Common Stock beneficially owned
by Greenlight.
ITEM 10 CERTIFICATION.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were
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not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
EXHIBITS EXHIBIT 1
Joint Filing Agreement dated March 13, 2003, between
Greenlight and David Einhorn.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: March 13, 2003
Greenlight Capital, L.L.C.
By: /s/ DAVID EINHORN
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David Einhorn, Managing Member
/s/ DAVID EINHORN
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David Einhorn
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INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
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Exhibit 1 Joint Filing Agreement dated March 13, 2003, between
Greenlight and David Einhorn.
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